Tom Hudson
Senior Economics Editor and Special Correspondent.Tom Hudson is WLRN's Senior Economics Editor and Special Correspondent.
Hudson's extensive reporting on South Florida's economy has taken him from the waters of Florida Bay to the depths of the PortMiami tunnel (and countless offices and conference rooms). He has interviewed bartenders and bankers, caregivers and CEOs to report on the people behind economic statistics.
He began his business reporting career in March 2000, just weeks after the dot-com bubble burst. He has reported from the trading floors of the CME, Chicago Board Options Exchange, NASDAQ and New York Stock Exchange. He previously served as Vice President of News at WLRN when he created and hosted The Sunshine Economy for 10 years. He was managing editor and co-anchor of Nightly Business Report on PBS.
Hudson is married with two sons and advises every bicycle rider to always wear their helmet.
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New rules for condo associations in Florida are likely taking their toll on sales statewide as median prices fall. -
Presidential candidate ad spending usually is in the tens of millions of dollars in Florida. Not this year. Not by a wide margin. -
It now takes an average of three months to sell a condo in South Florida. It took only 30 days a year ago. -
Spirit Airlines has been given a two-month extension to refinance about $1 billion of its debt, which was due on Monday. The largest Florida-based airline has been renegotiating $1 billion of its bonds as its stock price plummets. -
Miami's housing market topped the list of more than two dozen cities across five continents in the annual Global Real Estate Bubble Risk Index from investment firm UBS. -
A construction boom sparked by people moving to the region during the COVID-19 pandemic will bring more than 14,000 apartment units to the housing market this year. It doesn't mean rents will drop. -
Spirit Airlines is rushing to renegotiate a loan it took out during the pandemic. It might not be enough to avoid bankruptcy. -
South Florida condo owners already spend a lot on monthly fees but very little of the money goes into reserves. More money will have to be funneled into savings beginning next year. -
Tampa's airport sits just feet above the waters of Tampa Bay. And a significant storm surge is likely coming. "We've got to prepare our infrastructure to be more resilient for the future," said U.S. Secretary of Transportation Pete Buttigieg. -
A Federal Reserve of Atlanta spokesperson tells WLRN the region is "experiencing an increase in demand for cash," but nothing unusual during a time as a major storm approaches.
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The U.S. Coast Guard closing South Florida ports as of 12 a.m. Tuesday. This includes PortMiami and Port Everglades. Closing Port Everglades means no more fuel will be offloaded until the Coast Guard lifts the closure, or if the Guard grants a waiver. -
Acting Associate Administrator for Response and Recovery Keith Turi said FEMA is ready to help as Hurricane Milton approaches Florida even as the recovery efforts continue from the damage left by Hurricane Helene.
